Swiss department store chain Globus is set to be acquired by Thailand's Central Group, according to international media reports. The Central Group, a Bangkok-based conglomerate with interests in retail, hotels, restaurants, and real estate, plans to take over all shares of Globus. The acquisition opportunity arose after Austrian co-owner Signa filed for bankruptcy. The Central Group is known for its department store chains and shopping centers, with investments in luxury department stores across Europe. The group typically retains existing management and focuses on long-term investments. The complete takeover of Globus may have implications for the various branches of the department store in Switzerland, although the group tends to prioritize major cities for its department stores [e81fb255].